Bivins Place Inc is located in Lexington, KY. The organization was established in 1997. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bivins Place Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Bivins Place Inc generated $90.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $110.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPERATION OF AN 11-UNIT APARTMENT PROJECT IN RICHMOND, KENTUCKY TO HOUSE LOW INCOME INDIVIDUALS WITH MENTAL HEALTH/INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Philip Berger Board Director | 0.5 | $0 | |
Karen Ward Board Vice Chair | 0.5 | $0 | |
Jock Conley Board Director | 0.5 | $0 | |
Harold Mckinney Board Chair | 0.5 | $0 | |
Dee Werline Secretary/treasurer | 0.5 | $0 | |
Mary June Brunker Board Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $90,031 |
Membership dues | $0 |
Investment income | $672 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,703 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,145 |
Occupancy, rent, utilities, and maintenance | $61,455 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,303 |
Total expenses | $110,903 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,792 |
Other assets | $0 |
Total assets | $257,463 |
Total liabilities | $672,402 |
Net assets or fund balances | -$414,939 |